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Buy Future Retail, advises Sudip Bandopadhyay

Sudip Bandopadhyay of Inditrade Capital is of the view that one can buy Future Retail even at current level with a one year view.

November 22, 2017 / 15:52 IST

Sudip Bandopadhyay of Inditrade Capital told CNBC-TV18, ""In the entire Future Group of stocks, there is a positive momentum going on. The idea of member is only kind of a store which is there in some of the global markets that does work well for established retail chains and that is a very excellent idea to experiment with that in India."

"Overall, all the group stocks were available at a very reasonable valuation up to a point of time. Now the valuation has moved up, so one has to be a little careful, but still Future Retail, even at current level for one year hold is a good buy," he said.

CNBC-TV18
first published: Nov 22, 2017 03:46 pm

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